Sat, Jul 4, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

The Isle of Man is open and ready for hedge fund business

Thursday, May 30, 2013

amb
Ian Morley
by Beverly Chandler, Opalesque London:

Ian Morley is currently founder of Wentworth Hall Consultancy but as a veteran of the European hedge fund industry, he is better known for his role as founder chairman of the forerunner of the current alternatives trade body AIMA, EMFA, the European Managed Futures Association.

These days find Morley advising the Isle of Man, one of the less well known of the UK’s offshore centres. "I try to help them increase their exposure in the funds industry generically" he says. The island has an active and diverse economy, from broad financial services including banking, insurance and fund administration, but they also have substantial businesses in shipping and aircraft registration, gaming, IT and listing AIM companies.

"The Isle of Man is positively encouraging hedge funds to choose the Island as a location and offering incentives" he says. The Island is offering 40% of certain costs covered for two years to new funds or start-up businesses who register there. "The Island wants to support hedge fund firms so that they can concentrate on raising and managing the money rather than hiring compliance consultants" Morley says.

Morley explains that the Regulator, the Financial Services Commission, realises how difficult it is for start-up funds to raise capital in the current market environment. "To make things easier for star......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner